Economy, asked by bilalazam, 6 months ago

which country's currency is currently considered as " freely float" against the other currencies? discuss in detail.

Answers

Answered by deepamishra521
2

Answer:

The value of some currencies are free-floating. This means they fluctuate based on supply and demand in the market, while others are fixed. This means they are pegged to another currency.

...

Major Fixed Currencies.

Country Lebanon

Currency Name Pound

Code LBP

Peg Rate 1507.5

Rate Since 1997

Explanation:

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